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    Foundations of Macroeconomics
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    Exam 17: Monopolistic Competition
  5. Question
    Because of Product Differentiation,firms
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Because of Product Differentiation,firms

Question 179

Question 179

Multiple Choice

Because of product differentiation,firms


A) do not have to compete because their products are unique.
B) cannot compete on price.
C) can compete on the basis of quality.
D) are unable to compete by using advertising.
E) must compete on only price.

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